Experience as Programmer Analyst

• Employer

  Infosys Limited

• From

  14 June 2004

• To

  13 June 2008

• Detail

  -Got CRR (Performance Rating) 1 which was the highest rating possible
  -Developed a new solution for client thereby increasing client’s market-share in that product-line by 1.2%
  -Received 2nd Prize amongst 30 projects across all Infosys Development Centers in the SHOWCASE event at Infosys for maximum value addition and client satisfaction
  -Highest Satisfaction rating received from Client ( 7 on 7 )

Experience as Head - Forex Strategy , Derivatives & Interest Rates

• Employer

  Essar Group

• From

  05 July 2010

• To

  08 April 2016

• Detail

  Market Risk Management :
  -Managed over $60 bn of Transactional Exposure annually for various on-shore and off-shore group companies
  -Improved efficiency in market operations through effective gathering of market intelligence
  Forex Trading & Hedging :
  -Active positional trading in G7 and Asian Currencies. Made net Trading and improvement in benchmark gain of more than INR 10 crores annually
  -Closely track economic data points from Euro zone, UK, USA, China, Japan, Australia and India to develop views on the outlook for different currencies
  Macro Economic Research :
  -Analyze different Risk events and their possible impact on different asset classes
  -Track the Macroeconomic parameters of different countries and form views on the outlook for Interest rates and Currencies
  Advisory to Senior Management :
  -Study the exposure of the business to Currencies and Interest Rates and advise Senior Management on ways to hedge those risks
  -Formulate different FX and Interest Rate structures to cater to different hedging requirements of business in accordance with the risk profile of the business
  Banking Relationship Management :
  -Comprehensive negotiations with Bankers to ensure extremely fine spreads on a variety of quotes across forward, swaps and options. Negotiation on terms for all credit facilities. Ensure that the margins charged by Banks are competitive and margins are further negotiated based on volume of transactions
  Interest Rate Risk Management :
  -Study the Financials of group companies & understand the business model to identify interest rate exposures and suggest ideal structures for hedging based on regulations, liquidity and appropriateness. Take appropriate market action by executing swaps
  Investments :
  -Investment of excess cash in short-term/medium-term instruments. Managed a portfolio of INR 2500 crores with investments from different group companies having different Risk vs Return profiles
  Fund Raising :
  -Raised funds for group companies in both Domestic and International markets through External Commercial Borrowing, Commercial Papers and Non-Convertible Debentures along with negotiations with bankers for Term loans and Working Capital requirements. All alternatives thoroughly evaluated to ensure funding cost is kept minimal

Experience as AVP - Financial Risk Management

• Employer

  KPMG

• From

  11 April 2016

• To

  30 January 2017

• Detail

  -Worked with Leading Corporate Treasuries across India and Middle East advising them on all aspects of Treasury Management
  -Worked with Leading Global Commodities Trading Company based out of Dubai on the entire Risk Management Framework of the Company. All aspects of Market, Credit and Operational risk for Coal, Petroleum Products, Metals & Minerals, Fertilizers, Sulphur and Agro Products thoroughly analyzed to identify gaps and suggest solutions to plug them.
  -Detailed competitor analysis and market research for each of the commodities to understand best practices
  -Preparation of process maps to understand the detailed processes followed
  -Standard operating procedures prepared after detailed study of processes to formalize roles and responsibilities
  -Detailed credit models prepared for ascertaining credit quality of counter-parties to minimize counter-party credit risk

Experience as Vice President - Forex Consulting & Wealth Advisory

• Employer

  Anand Rathi Financial Services Ltd

• From

  31 January 2017

• To

  16 December 2019

• Detail

  -Advising companies from various sectors on different aspects of Corporate Treasury Management including Forex Risk Management, Interest Rate Risk Management, Commodity Risk Management and Investment Management.
  -Leading a team of ex-bankers advising companies on hedging their Forex exposure (G7 Currency pairs & Asian Currencies)
  -Devising of strategic and tactical hedging strategies after fundamental , technical and flow analysis
  -Converted Treasury into profit centre from cost centre by augmenting business margins through appropriate hedging decisions (5-7% added to bottom line through appropriate hedging decisions)
  -Continuous interaction with prominent market players including bankers and large corporate entities to extract real time market information including large deals
  -Wealth Management advisory for Ultra HNIs and companies including Asset allocation, Portfolio Management and Structured Products.
  -Tactical allocation done to safe haven asset classes like gold based on global economic outlook and analysis of risk events
  -Customized Structured Products developed using derivatives based on risk appetite of client and market outlook
  -Long/short pair strategies developed on stocks and indices using statistical parameters like historical correlations, standard deviation etc